Vistra Insights

FATCA and CRS: Are you ready for a regulatory audit?

FATCA and CRS are not just a one-off exercise.

Watch on demand

Webinar date: 19 October 2021 | 2PM BST | 1PM EDT

Whilst FATCA and CRS legislation has been in existence in most jurisdictions for the past four years or more, it remains as important now as it did when it was first introduced. Entities need to ensure they have remained compliant with the legislation, kept up to date with any local legislation changes and can demonstrate that they have the necessary processes and controls in place to ensure their ongoing compliance.

In the last couple of years, we have seen regulators stepping up their efforts in terms of onsite audits and requests for information, to ensure that organisations are in full compliance with the legislation and that everything that needs to be done to ensure tax transparency is being abided with.

In this webinar, our experts will cover:

  • How we got here – The background and objectives of FATCA & CRS

  • Why this is still important – FATCA & CRS are not a one-off exercise

  • The requirements – Classification, registration & officer roles, governance framework, policies & processes, data & documentation, ongoing reporting, and other considerations

  • Case studies – ‘The need for a review’ and ‘Control breakdown’

  • How to ease the burden

Presenters:

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FATCA presenters

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